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A fast moving and topical business and finance show bringing you breaking business and economic news and financial market updates. Presented by former CEO and investment bank global trading head Peter Lewis, with over 30 years' industry experience. Join Peter and his expert guests for analysis and discussion on the day's top business stories live from 8 a.m. to 8.30 a.m. every weekday morning on RTHK Radio 3. We have a podcast to download after the show and you can also listen through the RTHK Radio 3 website live or later in the day. We welcome your questions, comments and feedback to read out in the show. You can email us at moneytalk@rthk.hk, post on our Facebook page "Money Talk on RTHK Radio 3 " or find us on twitter "MoneytalkR3") .

749 episodes available.
A new episode about every
day
averaging 44 mins duration
.

Turkey’s financial crisis has sent emerging market stocks, currencies and bonds reeling in a manic Monday of trading in the financial markets. Turkey’s president Erdogan said spreading information about Turkey’s economy was “treason” and the country’s ...

Turkey is facing a financial and economic crisis and President Erdogan accused other countries of “an operation against Turkey to bring down its economy.” The Turkish lira plunged as much as 23% on Friday and has crashed further this morning. President...

In the markets, Chinese A-shares have surged led by tech stocks after the State Council reshuffled the government department leading science, tech and education. Turkish and Russian stocks and currencies have fallen as the US imposes sanctions on both ...

China has responded to the US decision to impose further tariffs on Chinese imports with tariffs of its own. It will implement tariffs on $16bn worth of US imports from 23 August, mirroring the US duties. Despite the trade war, China’s export growth be...

Tesla’s Elon Musk has tweeted that he has secured the funding to take Tesla private in what would be the world’s biggest buyout. He said in a Twitter exchange with shareholders that existing investors would be able to retain their holdings and he hoped...

President Trump says he will fully enforce the sanctions being re-imposed on Iran which take effect later today as a result of the US withdrawal from the 2015 nuclear deal. The measures will prohibit Iran from using US currency and ban sales of cars an...

President Trump has tweeted overnight that the US is winning the trade war and cited the fall in China’s stock markets as evidence that his tariffs are working. He said the tariffs had led to steel plants reopening across America and a booming US econo...

Apple has become the first US public company in history to have a valuation of more than US$1 trillion, after it posted strong earnings earlier in the week. The Bank of England has raised interest rates from 0.5% to 0.75%, the highest level in almos...

No surprises from the Fed overnight. The US central bank held benchmark interest rates steady, as expected. But India’s central bank has raised interest rates by a quarter of one percent and warned of global trade and currency tensions. Brazil has left...

Facebook says it has removed 32 accounts and pages believed to have been set up to influence the mid-term US elections in November. It said it was in the "very early" stages of the investigation and it did not yet know who was behind the pages as the c...

The plunge in tech stocks has continued into a third day, slamming US stocks lower on Wall Street. Japanese 10- year government bond yields have risen to an 18-month high as investors wait to see if the Bank of Japan makes any changes to its stimulus p...

The US economy grew at an annualised rate of 4.1% in the second quarter. That’s the fastest growth rate in almost four years. President Trump said 4.1 is just a stepping stone and he could imagine the economy growing at 8 or 9 percent.The tech-wreck ...

Shares in Facebook have plunged by a fifth after its warnings on growth and margins. That has dragged US tech shares lower. By European shares have surged after the US and EU restarted trade negotiations with the automobiles and parts sector jumping...

The US and EU have agreed on steps to deescalate the trade war following a meeting between President Trump and EU Commission President Jean-Claude Juncker in Washington. Both sides agreed that no new tariffs would be introduced whilst talks were on...

Global stocks have jumped after China launched a more proactive fiscal policy including tax cuts and infrastructure spending to support its economy. And US shares have been boosted by a string of strong second quarter earnings reports including blow...

The People’s Bank of China has injected US$74bn into its banking system in order to shore up growth in the mainland economy as the trade war threatens economic growth. China's Foreign Ministry said yesterday that threats and intimidation on trade w...

Trade tensions have been laid bare at the G20 finance ministers meeting in Buenos Aires over the weekend after US President Donald Trump said on Friday he’s ready to impose tariffs on all US$500bn of Chinese imports. U.S. Treasury Secretary Steven ...

President Donald Trump has broken with a long-standing tradition and criticised the Fed saying he is "not happy" about the fact that the US Federal Reserve is raising interest rates. Mr Trump argued that higher rates put the US at a disadvantage and im...

Hong Kong Exchanges & Clearing says it has reached an agreement with the Shanghai and Shenzhen bourses to eventually allow mainland investors to buy stocks such as Xiaomi, through the Stock Connect scheme. But first it will have to educate mainland in...

Good morning. Federal Reserve Chairman Jerome Powell has given an upbeat assessment of the US economy and said that an era of stable growth may continue, provided the Fed gets its policy decisions right. That has helped technology stocks to new highs d...

Hong Kong’s Secretary for Commerce and Economic Development, Edward Yau, says the proposed new US tariffs on Chinese goods will hit Hong Kong hard with almost half the Chinese exports going to the US via Hong Kong being affected. He said that a second ...

China’s two largest stock exchanges in Shanghai and Shenzhen said over the weekend that they would not expand the stock connect scheme with Hong Kong to include companies with different voting right structures. That means mainland investors won't be ab...

The U.S. and China have signalled they are open to resuming trade talks. US Treasury Secretary Steven Mnuchin said officials are “available” for negotiations, as he called U.S. tariffs imposed on China a “modest” step aimed at levelling the playing the...

Global stocks have tumbled, and commodities have seen their biggest fall in 3 and a half years as financial markets are hit by a broad-based selloff following the threat of an additional 10% tariff by the US on $200bn of Chinese imports. China said it ...

US stock index futures have been hit after the closing bell after the Trump Administration released its list of an additional $200bn in Chinese goods it will hit with 10% tariffs. There will be a 2-month consultation period before the President decides...

Mainland smartphone maker Xiaomi has closed below its IPO price on its first day of trading yesterday. Xiaomi was the first company to list under Hong Kong’s new rules which allow companies with dual class shares to float on the local stock exchange. ...

The “biggest trade war in economic history” began on Friday after the Trump administration made good on its threat to impose 25% duties on US$34bn worth of Chinese goods. In response, China has imposed a similar tariff on 545 US products, also worth a ...

Welcome to tariff day. US tariffs of 25% on US$34bn of imports from China are set to come into effect at noon Hong Kong time. The General Administration of Customs said China will levy tariffs on US goods as soon as the US tariffs are in force. China's...

Hong Kong stocks have dropped to a 7-month low as further trade sanctions on Chinese exports to the US and Chinese retaliatory tariffs loom at midday tomorrow. The head of the World Trade Organisation says world economic growth is in jeopardy and has p...

The Chinese yuan suffered one of its worst intra-day falls on record yesterday before PBOC governor Yi Gang intervened to calm the FX markets and support the currency. Chinese equities also recovered from sharp losses after the intervention and st...

Global stocks lost over $10 trillion in the first half of 2018 suffering their worst start to a year since 2010. The Chinese yuan saw its worst month ever in June. Yesterday the yuan resumed its slide and mainland shares fell sharply. However, stocks o...

Six US banks have been told by the Fed to rethink their plans for returning cash to shareholders as a result of the central bank’s latest annual stress tests. Goldman Sachs and Morgan Stanley have been told to strengthen their balance sheets and the...

Money Talk comes live from this year’s Belt and Road Summit at the Convention and Exhibition Center. Organised by the HKSAR Government and the Trade Development Council, the summit is an annual event with dozens of distinguished speakers and thousands ...

Donald Trump has criticised motorcycle manufacturer Harley-Davidson’s decision to move production abroad as a “surrender” and said, “they will be taxed like never before” if they go ahead with the plan. Harley-Davidson says the increased costs fr...

Global shares have suffered a big sell-off sparked by the escalating trade dispute between the US and China. The PBOC’s Reserve Requirement Ratio cut failed to boost market sentiment on the mainland as the Shanghai Composite slumped to its lowest le...

Joining today's Money Talk to analyse the latest business headlines over the weekend is Nitin Dialdas, Chief Investment Officer at Mandarin Capital. In the second segment, we will talk to an experienced & internationally recognised Diaspora expert, Kin...

Joining us in the studio on today's Money Talk are Francis Lun, CEO of GEO Securities, and Ian Hui, Global Market Strategist at JP Morgan Asset Management. On the phone from Sydney is Toby Lawson, Head of Global Markets at Societe Generale Australia.

Reviewing the latest business headlines on Wednesday's Money Talk are Stewart Aldcroft, Chairman of CitiTrust; Karine Hirn, Partner at East Capital; and RTHK’s International Economics Correspondent, Barry Wood, in Washington D.C.

The European Central Bank is to end its post-financial crisis stimulus programme that was supposed to boost the Eurozone economy. The ECB will halve its €30bn a month bond-buying scheme from September and phase it out completely at the end of the year....

The Fed has raised US interest rates by a quarter of a percent and given an upbeat assessment of the US economy. Fed officials are now predicting two more rate hikes before the end of the year.The move came after the latest economic data showed US pr...

In an historic first ever meeting between the leaders of the U.S. and North Korea in Singapore yesterday President Trump and Kim Jong-un signed an agreement in which North Korea pledged to work towards the complete denuclearisation of the Korean pen...

Donald Trump and Kim Jong-un will hold today the first ever meeting between a sitting US president and a North Korean leader. The White House said yesterday negotiations have “moved more quickly than expected” in advance of the summit. In a marked chan...

In what is a big week for meetings, the G-7 summit in Quebec over the weekend ended in acrimony with the divisions between the US and the other 6 countries laid bare. President Trump threatened to expand U.S. tariffs to include automobile imports. US f...

The US has reached a deal with Chinese telecoms manufacturer ZTE. Under the agreement, ZTE will pay a $1 billion fine, replace its board and management within 30 days and hire a compliance team chosen by the US. In return, the US will remove a ban that...

The latest economic numbers in a busy week of data show Australia’s economy grew faster than expected in the first quarter. GDP expanded 1% quarter-on-quarter and 3.1% on an annualized basis. Exports accounted for half of that growth.The US trade def...

Mexico has announced plans to levy retaliatory tariffs on a wide range of US agricultural goods in response to the White House imposing duties on steel and aluminium imports. China has offered to buy nearly $70bn of US agricultural and energy products...

Stocks in the US and Asia have shrugged off geopolitical uncertainties and the escalating global trade tensions and posted strong gains led by the technology sector.Commonwealth Bank of Australia said it would pay the largest fine in Australian Corpo...

Trade talks between the US and China in Beijing over the weekend have ended without an agreement. Beijing has given a stark warning to the US saying that all trade promises made between the two countries so far will be void if the US imposes tariffs on...

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